2020 Q1 Form 10-K Financial Statement
#000155837020001238 Filed on February 24, 2020
Income Statement
Concept | 2020 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
Revenue | $24.26M | $23.43M | $22.66M |
YoY Change | 4.19% | 38.08% | 41.18% |
Cost Of Revenue | $4.816M | $4.100M | $3.464M |
YoY Change | 29.67% | 38.98% | 22.84% |
Gross Profit | $19.45M | $19.79M | $19.20M |
YoY Change | -0.64% | 41.18% | 45.2% |
Gross Profit Margin | 80.15% | 84.47% | 84.71% |
Selling, General & Admin | $23.34M | $21.38M | $20.72M |
YoY Change | -8.95% | 54.37% | 60.28% |
% of Gross Profit | 120.03% | 108.02% | 107.96% |
Research & Development | $4.614M | $3.810M | $3.307M |
YoY Change | 11.48% | 93.4% | 83.72% |
% of Gross Profit | 23.73% | 19.25% | 17.23% |
Depreciation & Amortization | $307.0K | $220.0K | $200.0K |
YoY Change | 45.5% | 37.5% | 33.33% |
% of Gross Profit | 1.58% | 1.11% | 1.04% |
Operating Expenses | $27.95M | $25.19M | $24.03M |
YoY Change | -6.11% | 59.13% | 63.25% |
Operating Profit | -$8.509M | -$5.397M | -$4.835M |
YoY Change | -16.6% | 198.18% | 222.33% |
Interest Expense | $31.00K | $640.0K | $730.0K |
YoY Change | -95.57% | -192.75% | -217.74% |
% of Operating Profit | |||
Other Income/Expense, Net | $317.0K | -$10.00K | $733.0K |
YoY Change | -54.65% | 0.0% | |
Pretax Income | -$8.190M | -$5.230M | -$4.100M |
YoY Change | -13.79% | 109.2% | 93.4% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$8.192M | -$5.224M | -$4.102M |
YoY Change | -13.8% | 108.96% | 93.49% |
Net Earnings / Revenue | -33.77% | -22.29% | -18.1% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$206.3K | -$134.9K | -$106.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 39.73M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $83.00M | $116.6M | $126.4M |
YoY Change | -23.01% | 219.45% | 474.55% |
Cash & Equivalents | $35.89M | $24.29M | $25.63M |
Short-Term Investments | $47.10M | $92.30M | $100.7M |
Other Short-Term Assets | $9.700M | $7.000M | $1.500M |
YoY Change | 2.11% | 677.78% | 150.0% |
Inventory | $14.56M | $11.98M | $10.90M |
Prepaid Expenses | |||
Receivables | $13.02M | $15.32M | $14.00M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $120.4M | $151.0M | $152.8M |
YoY Change | -17.34% | 171.01% | 286.84% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $20.06M | $8.039M | $7.700M |
YoY Change | 46.45% | 265.41% | 327.78% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $24.53M | $9.220M | $8.900M |
YoY Change | 64.64% | 188.13% | 229.63% |
TOTAL ASSETS | |||
Total Short-Term Assets | $120.4M | $151.0M | $152.8M |
Total Long-Term Assets | $24.53M | $9.220M | $8.900M |
Total Assets | $144.9M | $160.2M | $161.7M |
YoY Change | -9.73% | 171.94% | 283.18% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $7.184M | $4.517M | $4.800M |
YoY Change | -2.92% | 41.16% | 128.57% |
Accrued Expenses | $12.30M | $8.500M | $7.200M |
YoY Change | 36.67% | 49.12% | 44.0% |
Deferred Revenue | $14.00K | $18.00K | $23.00K |
YoY Change | -41.67% | -43.75% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $1.785M | $28.00K | $0.00 |
YoY Change | -96.0% | ||
Total Short-Term Liabilities | $19.49M | $13.04M | $12.00M |
YoY Change | 18.11% | -4.79% | 8.11% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.189M | $35.00K | $0.00 |
YoY Change | -99.82% | -100.0% | |
Other Long-Term Liabilities | $1.200M | $70.00K | $100.0K |
YoY Change | -62.5% | -65.0% | -50.0% |
Total Long-Term Liabilities | $1.189M | $105.0K | $100.0K |
YoY Change | -62.84% | -99.48% | -99.51% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $19.49M | $13.04M | $12.00M |
Total Long-Term Liabilities | $1.189M | $105.0K | $100.0K |
Total Liabilities | $20.69M | $13.19M | $12.20M |
YoY Change | 5.02% | -60.86% | -61.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$188.1M | -$150.7M | |
YoY Change | |||
Common Stock | $312.2M | $297.7M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $124.2M | $147.0M | $149.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $144.9M | $160.2M | $161.7M |
YoY Change | -9.73% | 171.94% | 283.18% |
Cashflow Statement
Concept | 2020 Q1 | 2018 Q4 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.192M | -$5.224M | -$4.102M |
YoY Change | -13.8% | 108.96% | 93.49% |
Depreciation, Depletion And Amortization | $307.0K | $220.0K | $200.0K |
YoY Change | 45.5% | 37.5% | 33.33% |
Cash From Operating Activities | -$8.052M | -$4.970M | -$2.970M |
YoY Change | -9.19% | 373.33% | 37.5% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $5.021M | -$230.0K | -$5.460M |
YoY Change | 950.42% | -53.06% | 1850.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $13.69M | $8.780M | -$100.4M |
YoY Change | 65.74% | ||
Cash From Investing Activities | $8.550M | $8.550M | -$105.8M |
YoY Change | 10.04% | -1844.9% | 37696.43% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $639.0K | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$328.0K | 1.090M | 860.0K |
YoY Change | -200.92% | -93.19% | 38.71% |
NET CHANGE | |||
Cash From Operating Activities | -$8.052M | -4.970M | -2.970M |
Cash From Investing Activities | $8.550M | 8.550M | -105.8M |
Cash From Financing Activities | -$328.0K | 1.090M | 860.0K |
Net Change In Cash | $170.0K | 4.670M | -107.9M |
YoY Change | -122.02% | -67.7% | 5830.77% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.052M | -$4.970M | -$2.970M |
Capital Expenditures | $5.021M | -$230.0K | -$5.460M |
Free Cash Flow | -$13.07M | -$4.740M | $2.490M |
YoY Change | 39.89% | 746.43% | -232.45% |
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WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
33323 | |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10445000 | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25182000 | |
CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
7606000 | |
CY2018 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
3884000 | |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
132707000 | |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22397000 | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0628 | |
CY2018 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
192000 | |
CY2017 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
342000 | |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2920000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
146982000 | |
CY2019 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10304000 | |
CY2019 | axgn |
Stock Issued During Period Value Stock Options Exercised And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueStockOptionsExercisedAndEmployeeStockPurchasePlan
|
4002000 | |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-29135000 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
132153000 | |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-29135000 | |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22397000 | |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10445000 | |
CY2019 | us-gaap |
Depreciation
Depreciation
|
933000 | |
CY2018 | us-gaap |
Depreciation
Depreciation
|
774000 | |
CY2017 | us-gaap |
Depreciation
Depreciation
|
488000 | |
CY2019 | axgn |
Right Of Use Asset Amortization
RightOfUseAssetAmortization
|
1821000 | |
CY2019 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
123000 | |
CY2018 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
77000 | |
CY2017 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
79000 | |
CY2019 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
104000 | |
CY2018 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
81000 | |
CY2017 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
246000 | |
CY2018 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1000 | |
CY2018 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2186000 | |
CY2019 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
514000 | |
CY2018 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
852000 | |
CY2017 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
223000 | |
CY2019 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1887000 | |
CY2018 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1343000 | |
CY2017 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1438000 | |
CY2019 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
972000 | |
CY2018 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
721000 | |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10304000 | |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7606000 | |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3609000 | |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2136000 | |
CY2018 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5108000 | |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3236000 | |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3767000 | |
CY2018 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
6009000 | |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3295000 | |
CY2019 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
661000 | |
CY2018 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3711000 | |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1927000 | |
CY2019 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1773000 | |
CY2019 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
4000 | |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-30000 | |
CY2018 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-66000 | |
CY2017 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
70000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19872000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17862000 | |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9238000 | |
CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4664000 | |
CY2018 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6282000 | |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1105000 | |
CY2019 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
121074000 | |
CY2018 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
114736000 | |
CY2019 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
153571000 | |
CY2018 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
23146000 | |
CY2019 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
562000 | |
CY2018 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
321000 | |
CY2017 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
187000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
27271000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-98193000 | |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1292000 | |
CY2018 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
132964000 | |
CY2017 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15891000 | |
CY2018 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
257000 | |
CY2017 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
228000 | |
CY2018 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
26253000 | |
CY2017 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
57599000 | |
CY2018 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
30489000 | |
CY2017 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
57624000 | |
CY2018 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
22513000 | |
CY2017 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
21000 | |
CY2019 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
29000 | |
CY2019 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4002000 | |
CY2018 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3884000 | |
CY2017 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1434000 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4031000 | |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
109842000 | |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
17022000 | |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
11430000 | |
CY2018 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6213000 | |
CY2017 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6492000 | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30294000 | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36507000 | |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30015000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41724000 | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30294000 | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
36507000 | |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
34000 | |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1325000 | |
CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2198000 | |
CY2019 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3212000 | |
CY2018 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
335000 | |
CY2017 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
55000 | |
CY2017 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
62000 | |
CY2019 | axgn |
Noncash Right Of Use Assets And Operating Lease Liability
NoncashRightOfUseAssetsAndOperatingLeaseLiability
|
26000 | |
CY2019 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"><b style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">1.</b></span><b style="font-weight:bold;">Basis of Presentation </b></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:14.4pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt;">The accompanying consolidated financial statements include the accounts of Axogen, Inc. (the “Company” or “Axogen”) and its wholly owned subsidiaries, Axogen Corporation (“AC”), Axogen Processing Corporation (“APC”) and Axogen Europe GmbH, as of December 31, 2019 and December 31, 2018 and for the three years ended December 31, 2019. The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America. All intercompany accounts and transactions have been eliminated in consolidation.</p> | |
CY2019 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"><b style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:bold;text-align:left;">2.</b></span><b style="font-weight:bold;">Organization and Business </b></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:14.4pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">Axogen is a global provider of innovative surgical solutions for physical damage or transection to peripheral nerves. Axogen is focused specifically on the science, development and commercialization of technologies for peripheral nerve regeneration and repair. Axogen’s products are designed to restore nerve function and are used to treat patients with physical damage or transection to peripheral nerves by providing innovative, clinically proven and economically effective repair solutions for surgeons and health care providers. Peripheral nerves provide the pathways for both motor and sensory signals throughout the body. Physical damage to a peripheral nerve or the inability to properly reconnect peripheral nerves can result in the loss of muscle or organ function, the loss of sensory feeling, or the initiation of pain. </span></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:18pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt;">Axogen’s portfolio of products includes Avance Nerve Graft, an off-the-shelf processed human nerve allograft for bridging severed peripheral nerves without the comorbidities associated with a second surgical site, Axoguard Nerve Connector, a porcine submucosa extracellular matrix (“ECM”) coaptation aid for tensionless repair of severed peripheral nerves, Axoguard Nerve Protector, a porcine submucosa ECM product used to wrap and protect injured peripheral nerves and reinforce the nerve reconstruction while preventing soft tissue attachments, Axoguard<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">®</sup> Nerve Cap, a porcine submucosa ECM product used to protect a peripheral nerve end and separate the nerve from the surrounding environment to reduce the development of symptomatic or painful neuroma and Avive Soft Tissue Membrane, a processed human umbilical cord membrane that may be used as a resorbable soft tissue covering to separate tissues in the surgical bed.<span style="white-space:pre-wrap;"> Along with these core surgical products, Axogen also offers the Axotouch Two-Point Discriminator a measurement tool for use by healthcare professionals detect changes in sensation. The Company’s portfolio of products is available in the United States, Canada, Germany, South Korea and other European and international countries.</span></p><p style="font-family:'Times New Roman';font-size:12pt;text-indent:18pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">Avance Nerve Graft and Avive Soft Tissue Membrane are processed in the United States by Axogen at its processing facility in Dayton, Ohio. </span>Axoguard Nerve Cap<span style="white-space:pre-wrap;"> is manufactured by Cook Biotech in the United States for sale by Axogen and Axoguard Nerve Connector and Axoguard Nerve Protector are manufactured in the United States by Cook Biotech and are distributed worldwide exclusively by Axogen. The Axotouch Two Point Discriminator is contract manufactured by Viron Technologies, LLC (formerly Cybernetics Research Laboratories) (“Viron”) Tucson, Arizona. Viron supplies the Axotouch unpackaged and they are packaged at Axogen’s distribution facility in Burleson, Texas. Axogen maintains its corporate offices in Alachua, Florida and is the parent company of its wholly owned operating subsidiaries, AC, APC and Axogen Europe GmbH.</span></p> | |
CY2018Q3 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
731000 | |
CY2018Q3 | us-gaap |
Payments To Acquire Buildings
PaymentsToAcquireBuildings
|
4300000 | |
CY2019Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
35224000 | |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
6000000 | |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
35724000 | |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
24294000 | |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
6000000 | |
CY2018Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
6000000 | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41724000 | |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30294000 | |
CY2017Q4 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
11065000 | |
CY2017Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
32000 | |
CY2017Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
69000 | |
CY2018Q4 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
15321000 | |
CY2018Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
18000 | |
CY2018Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000 | |
CY2018 | axgn |
Increase Decrease In Contract Receivable
IncreaseDecreaseInContractReceivable
|
4256000 | |
CY2018 | axgn |
Increase Decrease In Contract With Customer Liability Current
IncreaseDecreaseInContractWithCustomerLiabilityCurrent
|
-14000 | |
CY2018 | axgn |
Increase Decrease In Contract With Customer Liability Noncurrent
IncreaseDecreaseInContractWithCustomerLiabilityNoncurrent
|
-27000 | |
CY2019Q4 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
16944000 | |
CY2018Q4 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
15321000 | |
CY2018Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
18000 | |
CY2018Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000 | |
CY2019Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
14000 | |
CY2019Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
15000 | |
CY2019 | axgn |
Increase Decrease In Contract Receivable
IncreaseDecreaseInContractReceivable
|
1623000 | |
CY2019 | axgn |
Increase Decrease In Contract With Customer Liability Current
IncreaseDecreaseInContractWithCustomerLiabilityCurrent
|
-4000 | |
CY2019 | axgn |
Increase Decrease In Contract With Customer Liability Noncurrent
IncreaseDecreaseInContractWithCustomerLiabilityNoncurrent
|
-27000 | |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1092000 | |
CY2018Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1117000 | |
CY2019Q4 | axgn |
Finance And Operating Lease Right Of Use Asset
FinanceAndOperatingLeaseRightOfUseAsset
|
3786000 | |
CY2019Q4 | axgn |
Finance And Operating Lease Liabilities
FinanceAndOperatingLeaseLiabilities
|
3823000 | |
CY2019Q1 | axgn |
Derecognition Of Capital Lease Assets
DerecognitionOfCapitalLeaseAssets
|
96000 | |
CY2019Q1 | axgn |
Derecognition Of Capital Lease Liabilities
DerecognitionOfCapitalLeaseLiabilities
|
63000 | |
CY2019Q1 | axgn |
Derecognition Of Deferred Rent
DerecognitionOfDeferredRent
|
70000 | |
CY2019 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1556818 | |
CY2018 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2621440 | |
CY2017 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2253399 | |
CY2019 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
17514000 | |
CY2018 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11773000 | |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6699000 | |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6699000 | |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10304000 | |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7606000 | |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3609000 | |
CY2019 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;text-decoration:underline;text-decoration-color:#000000;">Use of Estimates</b></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;"></span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes the critical accounting policies regarding revenue recognition, allowance for uncollectible accounts receivable, investments, inventories and share-based employee compensation affect our more significant judgments and estimates used in the </span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="white-space:pre-wrap;">preparation of the Company’s consolidated financial statements. Actual results could differ materially from those estimates.</span></p> | |
CY2019Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
10403000 | |
CY2018Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
9194000 | |
CY2019Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
730000 | |
CY2018Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
454000 | |
CY2019Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2728000 | |
CY2018Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2334000 | |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
13861000 | |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
11982000 | |
CY2019 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1887000 | |
CY2018 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1343000 | |
CY2017 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
1438000 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18651000 | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
10900000 | |
CY2019Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3764000 | |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2861000 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14887000 | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8039000 | |
CY2019 | us-gaap |
Depreciation
Depreciation
|
933000 | |
CY2018 | us-gaap |
Depreciation
Depreciation
|
774000 | |
CY2017 | us-gaap |
Depreciation
Depreciation
|
488000 | |
CY2019Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1515000 | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1181000 | |
CY2019 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
123000 | |
CY2018 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
77000 | |
CY2017 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
79000 | |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
104000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
285000 | |
CY2019Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
8262000 | |
CY2018Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4517000 | |
CY2019Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3237000 | |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2004000 | |
CY2019Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
7631000 | |
CY2018Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
6477000 | |
CY2019Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
19130000 | |
CY2018Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
12998000 | |
CY2018Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
63000 | |
CY2018Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
28000 | |
CY2018Q4 | axgn |
Long Term Debt Noncurrent Excluding Deferred Revenue
LongTermDebtNoncurrentExcludingDeferredRevenue
|
35000 | |
CY2018Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
22599000 | |
CY2018Q2 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
1470000 | |
CY2018Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
473000 | |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10304000 | |
CY2018 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7606000 | |
CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3609000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
23000 | |
CY2019 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4002000 | |
CY2018 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3884000 | |
CY2017 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1434000 | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
1467000 | |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
196000 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
|
108000 | |
CY2019 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y9M3D | |
CY2018 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y2M19D | |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y1M28D | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5497 | |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5099 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5043 | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0171 | |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0270 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0212 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
36250000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
30588000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
27578000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
317000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
273000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
206000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
136000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
117000 | |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2018Q4 | axgn |
Deferred Tax Assets Interest Limitation
DeferredTaxAssetsInterestLimitation
|
336000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
274000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
117000 | |
CY2019Q4 | axgn |
Deferred Tax Assets Right Of Use Liability
DeferredTaxAssetsRightOfUseLiability
|
837000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3140000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
2335000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
520000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
40954000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
33934000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
28444000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
81000 | |
CY2019Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
206000 | |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
43000 | |
CY2019Q4 | us-gaap |
Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
|
7000 | |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
|
15000 | |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Tax Deferred Income
DeferredTaxLiabilitiesTaxDeferredIncome
|
6000 | |
CY2019Q4 | axgn |
Deferred Tax Assets Liabilities
DeferredTaxAssetsLiabilities
|
39932000 | |
CY2018Q4 | axgn |
Deferred Tax Assets Liabilities
DeferredTaxAssetsLiabilities
|
33876000 | |
CY2017Q4 | axgn |
Deferred Tax Assets Liabilities
DeferredTaxAssetsLiabilities
|
28357000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
39932000 | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
33876000 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
28357000 | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.041 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.041 | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.043 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.005 | |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.208 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.246 | |
CY2019 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
6056000 | |
CY2018 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
5519000 | |
CY2017 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-10754000 | |
CY2019Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
36250000 | |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.14 | |
CY2019 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
22000 | |
CY2019 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
4000 | |
CY2019 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1910000 | |
CY2019 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
41000 | |
CY2019 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
17000 | |
CY2019 | us-gaap |
Lease Cost
LeaseCost
|
1994000 | |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3133000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1719000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1565000 | |
CY2019Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
87000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
17000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
30000 | |
CY2019 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
1773000 | |
CY2019 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
16000 | |
CY2019Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y | |
CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y | |
CY2019Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0728 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2664000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
19000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4007000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
19000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2573000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
10000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2581000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
3000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
2644000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
1000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
27251000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
41720000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
52000 | |
CY2019Q4 | axgn |
Lessee Operating Lease Liability Future Payments Amount
LesseeOperatingLeaseLiabilityFuturePaymentsAmount
|
38246000 | |
CY2019Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
190000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
5000 | |
CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3284000 | |
CY2019Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
47000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1866000 | |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
28000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2540000 | |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
13000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
3970000 | |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
15000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
2518000 | |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
|
7000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
2574000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
30111000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
43579000 | |
CY2018Q4 | us-gaap |
Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
|
63000 | |
CY2019 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
516000 | |
CY2018 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
484000 | |
CY2017 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
494000 | |
CY2018Q3 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
70000 | |
CY2018Q3 | us-gaap |
Area Of Land
AreaOfLand
|
8.6 | |
CY2019Q1 | axgn |
Threshold Period For Not Filing Response To Complaint
ThresholdPeriodForNotFilingResponseToComplaint
|
P30D | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.20 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.11 | |
CY2018Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.13 | |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
23285000 | |
CY2019Q2 | us-gaap |
Revenues
Revenues
|
26701000 | |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
28564000 | |
CY2019Q4 | us-gaap |
Revenues
Revenues
|
28162000 | |
CY2019 | us-gaap |
Revenues
Revenues
|
106712000 | |
CY2019Q1 | us-gaap |
Gross Profit
GrossProfit
|
19571000 | |
CY2019Q2 | us-gaap |
Gross Profit
GrossProfit
|
22457000 | |
CY2019Q3 | us-gaap |
Gross Profit
GrossProfit
|
24054000 | |
CY2019Q4 | us-gaap |
Gross Profit
GrossProfit
|
23281000 | |
CY2019 | us-gaap |
Gross Profit
GrossProfit
|
89363000 | |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9504000 | |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7022000 | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5571000 | |
CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7038000 | |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-29135000 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.24 | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.18 | |
CY2019Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.18 | |
CY2019 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.74 | |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
17260000 | |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
20584000 | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
22660000 | |
CY2018Q4 | us-gaap |
Revenues
Revenues
|
23433000 | |
CY2018 | us-gaap |
Revenues
Revenues
|
83937000 | |
CY2018Q1 | us-gaap |
Gross Profit
GrossProfit
|
14547000 | |
CY2018Q2 | us-gaap |
Gross Profit
GrossProfit
|
17478000 | |
CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
19196000 | |
CY2018Q4 | us-gaap |
Gross Profit
GrossProfit
|
19793000 | |
CY2018 | us-gaap |
Gross Profit
GrossProfit
|
71014000 | |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5644000 | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7427000 | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4102000 | |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5224000 | |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22397000 | |
CY2018 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.60 |